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Name - EastCoast Energy Corp
Website -
Symbol - ECE.RT.B
Cusip Number - G29067 11 6 
Expiry Date - Dec. 29, 2006

Symbol - ECE.RT
Cusip Number - G29067 12 4 
Expiry Date - March 4, 2005
News Releases

EastCoast Energy offers rights to buy shares

2006-11-15 16:15 ET - Rights Offering

Basis of offering: One right exercisable for each Class A or Class B share held. Seven rights and $6.43 will entitle the holder to subscribe for one Class B share.
Record date: Nov. 27, 2006
Shares trade ex-rights: Nov. 23, 2006
Rights called for trading: Nov. 23, 2006
Rights trade for cash: Dec. 22, 2006
Rights expire: Dec. 29, 2006
Rights trading symbol: ECE.RT.B
Rights Cusip No.: G29067-11-6

For further details, please refer to the company's rights offering circular dated Nov. 14, 2006.


EastCoast Energy rights offering

2005-01-26 17:07 ET - Rights Offering

Basis of offering: One right will be issued for each Class A common share and Class B share held. Ten rights plus $2.60 will entitle the holder to subscribe for one Class B share.
Record date: Feb. 7, 2005
Shares trade ex rights: Feb. 3, 2005
Rights called for trading: Feb. 3, 2005
Rights trade for cash: March 1, 2005
Rights expire: March 4, 2005
Rights symbol: ECE.RT
Rights Cusip No: G29067 12 4

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Explanation

Rights

Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right.  It  gives the stockholders the first opportunity,  to buy the new securities.

Rights issue

An offer made by a  company to its shareholders to enable them to buy new shares in the company at a discount to the market price.

 

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